California Real Estate Investment Trusts (REITs)
Real estate investment trusts (REITs) are a special form of tax-advantaged business entity created for the specific purpose of encouraging widespread ownership of real estate by small investors. REITs provide the average investor with an opportunity to pool capital with others for investment in managed real estate, to spread risks through diversified holdings and to acquire properties which might otherwise be beyond the means of the individual investor.
Law Offices of Christopher Glenn Beckom has been significantly involved in the REIT industry, with a number of our lawyers having served as outside general counsel or issuer’s counsel to major industry players. We have advised some of the nation’s oldest and largest REITs, as well as some of the newest.
Our lawyers are skilled in the tax and operational aspects of REITs. We have a practical understanding of REIT business needs, problems and concerns, and we work closely with our clients to further their success.
We are one of the nation’s leading law firms in representing REITs in connection with equity offerings, including initial public offerings, secondary offerings, follow-on offerings and other securities matters. Additionally, we have had significant experience in advising a rating agency in its role of analyzing and reviewing securitized mortgage pools that include REIT debt.
Our lawyers advise REIT clients on everyday operating issues, helping them negotiate the complicated REIT rules and regulations. Because REITs operate within the requirements of the Internal Revenue Code, we help clients conform to all IRS regulations on qualification and structuring of transactions, helping these clients remain competitive with other real estate companies that don’t have the same tax restrictions. We also advise these clients on day-to-day corporate governance and securities law issues, many of which are significantly impacted by REIT status.
REITs are complex business entities that provide distinct tax and investment advantages for businesses that own real estate. Our goal is to help our REIT clients enter into profitable investment transactions while meeting all the necessary tax and regulatory requirements to which REITs, by their nature, are subject.
After years of working in partnership with our clients, we have developed a “real-world” perspective on what it takes for REITs to succeed. We give straight talk and clear advice that helps our REIT clients better compete in the crowded financial marketplace, while at the same time navigating the complexities of the IRS REIT rules. To address the considers of REIT formation, compliance, and governance, please give us a call at 800-581-7030 or contact us via email at firstname.lastname@example.org.